Jay Cashman Wins Navy Contract
Jay Cashman, Inc., Quincy, Massachusetts, is being awarded a $14,321,000 firm-fixed-price contract for USS Constitution, Berth 1 pier repairs at Charlestown Navy Yard.
Detyens Wins $14.7m Navy Contract
Detyens Shipyards, Inc.,* Charleston, South Carolina, is being awarded a $14,737,872 firm-fixed-price contract for a 170-day dry-docking and overhaul of USNS Zeus (T-ARC 7).
NACE Selects DNV GL and APQC as Research Partners
The NACE International Institute has awarded a contract to DNV GL of Dublin, Ohio and APQC of Houston, Texas for data management of the forthcoming International Measures of Prevention…
Christie and Grey Celebrates 100
U.K. based Christie & Grey, Ltd., a leader in vibration mitigation technology is celebrating a century of developing high performance, cost-effective vibration and…
Rock Seven Launches Global Fleet Management System
Rock Seven launched its next generation solution for tracking merchant and offshore vessels. With no annual contract and Pay As You Go use, RockFLEET is designed…
MAN Showcases New High Speed Engine
In coordination with the inaugural Danish Maritime Days taking place across Denmark from October 6-10, MAN Diesel & Turbo today hosted an event at its newly updated engine test center in Frederikshavn, where it highlighted noteworthy energy-efficient initiatives, including its recently launched high speed engine. The new MAN 175D, which made its debut at SMM last month, is designed to pack state-of-the-art efficiency and simplicity into a compact offering for offshore supply vessels…
Warning Sign: High-Yield Bonds Drive Energy Sector Growth
Energy companies have become a larger presence in the US high-yield bond market this year, relying on debt to fund capex as they expand exploration and production activity…
Economy, Demand Data Drives Oil Down
World oil prices resumed a months-long rout on Tuesday to close at their lowest in more than two years, pressured by reduced economic and demand growth forecasts. U.S.
NITC: Says EU Sanctions Lifted
European Union sanctions on Iran's main oil tanker firm NITC have been annulled after the EU failed to appeal against a court ruling that ordered the measures to be lifted, the shipping company said on Tuesday. NITC - a major transporter of Iran's oil - had contested the EU's blacklisting, arguing that the firm is privately owned by Iranian pension funds. It has denied any links with the Iranian government or with the Revolutionary Guards.
EU Sanctions on Iran Oil tanker Group Annulled
European Union sanctions on Iran's main oil tanker firm NITC have been annulled after the EU did not appeal against a court ruling that the measures should be lifted…
Ivory Coast Seeks Deepwater Oil Investors
Ivory Coast will seek investors in its available offshore oil acreage, including seven new ultra-deep water blocks in the Gulf of Guinea, at a promotional event in Texas next week, a senior oil ministry official said on Tuesday. The West African nation will target companies including Exxon Mobil, Total, Eni, Anadarko Petroleum, Tullow Oil and ConocoPhillips , the ministry's oil director Ibrahima Diaby said.
Canada to Miss 2020 Emissions-cut Target
Canada is set to badly miss a 2020 target for cutting emissions of greenhouse gases, in part because of its failure to regulate the booming oil and gas sector, Parliament's…
WindStar Cruises to Implement Adonis
Adonis AS (Adonis) said that Windstar Cruises will be implementing Adonis Personnel Manager (APM) and Payroll for all its Human Resources (HR), time and attendance, crew management and payroll activities. The Adonis solution will enable Windstar to host and consolidate these processes using a central HR database, which will improve efficiencies and coordination between their vessels and their shore side crew in Seattle.
Star Bulk Collects $8.016m From Sale of Its Claim Against Pan Ocean
Star Bulk Carriers Corp. (NASDAQ: SBLK) announced that following the settlement and adjudication of the company's subsidiary Star Borealis LLC claim for damages and due hire related to the repudiation of the long-term time charter of the M/V Star Borealis by charterer Pan Ocean Co Ltd., previously filed with the Seoul Central District Court, Korea, Star Bolrealis negotiated, sold and assigned the…
NCE Opens Office in Alabama
Noise Control Engineering, LLC (NCE) opened a new office in Mobile, Ala. The office will be staffed by Nathan Jones, a Senior Engineer with more than 10 years of experience at NCE. “Our customers along the Gulf Coast region are a very important part of our business and this office will enable us to better serve them. Our goal is to be in a position to react quickly to their needs and provide them with superior support” explains Nathan. Mr.
Floating Out of Aircraft Carrier HMS Queen Elizabeth
HMS Queen Elizabeth was floated out of the Babcock dock in Rosyth (UK). Designed and built by BAE Systems and assembled by Babcock Marine, the HMS Queen Elizabeth is the biggest, and most powerful, surface warship ever to join the Royal Navy and capable of carrying up to forty aircraft. The aircraft carrier, the first of the Queen Elizabeth-class, was officially named by the Queen. BAE Systems chose…
EU Mission to Help Italy with Migrant Crisis to Start in November
The European Union plans to launch a mission to help Italy cope with swarms of migrants crossing the Mediterranean from North Africa, the EU said on Tuesday. Called Operation Triton…
'Fantasy Fuel': Novozymes Looks to the Future
When Denmark's Novozymes first wondered in 2000 how its mass-produced enzymes could be used to make advanced biofuel, the industry did not exist and only now is…
EIA: Falling Fuel Costs, Rising U.S. Production Ahead
The U.S. Energy Information Administration (EIA) has released its latest Short-Term Energy and Winter Fuels Outlook (http://www.eia.gov/forecasts/steo/). • EIA projects average U.S.
Fast Repsonse Boat Sports Innovative Volvo Penta Power
Fort Ripley, a new offshore emergency response craft now entering service in Charleston, S.C., is reported to be the first commercial vessel in North America to be powered by triple Volvo Penta IPS drives. Designed by C. Raymond Hunt Associates, built by Gladding-Hearn Shipbuilding, Duclos Corporation, and owned by Southeast Ocean Response Services Inc., the USCG-certificated 64-ft. aluminum boat, was commissioned today (October 7, 2014) in a ceremony in Charleston.